Senior Manager, Pension & Benefits (4956)

Job Posting

Senior Manager, Pension & Benefits
Organization:  The Hospital for Sick Children
Province:  Ontario
Location:  Toronto
 
 
Description:

Reporting to the Director, Total Rewards & Diversity, this position is accountable for providing subject matter expertise in the design, development and implementation of projects and managing the day to day operational activities of the pensions and benefits area. The incumbent will also provide a continuous improvement lens and technical input in the development of the strategic plan for the Total Rewards area. They will also support a collaborative, team-based approach to HR initiatives.

Here's What You'll Get To Do

  • In collaboration with the Director, Total Rewards & Diversity, provides leadership in developing, costing, communicating, implementing and evaluating the pension (DB and DC) and benefits programs as well as various leave of absence policies.  Ensures that the Hospital’s strategy and practices are competitive in the external marketplace
  • Consults with Finance, the business lines and senior management to ensure programs meet the required legislative programs, corporate strategies, business, and total rewards objectives. Develops recommendations for revisions to programs
  • In collaboration with Finance, leads the annual benefits renewal and budgeting process for the Hospital’s group and statutory benefit programs and the development of cost-centre allocation rates 
  • Identifies trends in benefits and pension expenditures based on analysis of claims and utilization. Determines plan design changes based on market comparisons and determines cost and employee impact of plan changes
  • Oversees the administration of all pension and benefits processes, all related communication materials (i.e. web content), policies, and audits
  • Maintain knowledge of HRIS system and related capabilities (i.e. report writing)
  • Takes a leadership role in the governance of the pension plan including compiling statistics and preparing reports and presentations for the Management Pension Committee, Human Resources Committee as well as the Investment & Pension Committee meetings
  • Maintains currency in professional and specialized pension and benefits knowledge, practices, principles, legislative changes and technologies to be able to evaluate the impact of introducing new programs and plan administration. Recommends appropriate changes to ensure compliance with legislative changes
  • Act as a relationship manager with third party service providers of pension and benefits programs. Negotiates contracts, costs and service level agreements with third party service providers.  Provides guidance and advice to Human Resources and Managers regarding benefits or pension plan policy administration and interpretation
  • Provide technical input and advice on legal claims and union negotiations
  • Provide leadership and direction to the pension and benefits team to ensure quality and accuracy of work. Also provide coaching, advice (i.e. assistance on escalated employee issues), performance management, staff development and recruiting of staff. Communicates with staff to ensure a complete understanding of business and pension/benefits strategy, programs, and related legislation. Ensure work tasks are completed on schedule, within budget and guidelines
  • Working with the executive management, division chiefs, and external lawyers, oversees the management of the Hospital’s mortgage assistance program for physicians
  • Represent the Hospital on external committees as appropriate to exchange information

Employment Type: Permanent, Full-time. This position offers full benefits including health and dental coverage, vacation time, sick time, personal days, LTD, life insurance and the opportunity to participate in the SickKids Pension plan.

Requirements:

Here's What You Need

  • Bachelor’s Degree preferably in finance, accounting or Human Resources. CEBS Designation preferred
  • 8-10 years progressive experience with in-depth specialization in both DB (prerequisite) and DC pensions and benefits 
  • Working knowledge of HRIS systems - Peoplesoft preferred
  • Program development, implementation, and evaluation
  • Management experience
  • Strategic and operational planning skills
  • Leadership, management, interpersonal, and strong communication (verbal and written) and facilitation skills
  • Sound judgment, problem solving, and relationship building skills
  • Ability to utilize analytical skills, creativity and conceptual thinking to identify and resolve issues
  • Demonstrated knowledge of pension, benefits, and tax legislation
  • Strong analytical, time management and organizational skills.
  • Project management and the ability to work effectively with multiple and conflicting priorities
  • Commitment to quality of service delivery with a sensitivity to diversity and solid conflict resolution and negotiation skills 
  • Proficient in Microsoft Office, pension and benefits management, and HRIS systems (PeopleSoft preferred)

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